A recent study by Purdue University has determined that the equine industry in the state of Indiana carries a $2-billion per-year economic impact

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According to a Purdue University release, the survey of the economic impact and health of the state's equine industry was conducted in the spring and covered 2010 activity. The study was sponsored in part by various state equine organizations.

The report has determined, among other things, that out of the state's overall equine picture, Indiana's horse racing industry generates the most revenue, although people that enjoy riding and other equine-related activities for recreation comprise the industry's largest segment.

"The data shows equine activity is a vital part of Indiana's economy," Purdue University Calumet's Equine Business Management Program Director Susan Conners was quoted as saying.

To view a copy of the Purdue University release, click here.

(With files from Purdue University)

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